What is Stifel Canada’s Forecast for LAR FY2025 Earnings?

Lithium Americas (Argentina) Corp. (NYSE:LAR) – Analysts at Stifel Canada boosted their FY2025 earnings estimates for Lithium Americas (Argentina) in a research report issued to clients and investors on Monday, August 11th. Stifel Canada analyst C. Mcgill now expects that the company will earn ($0.03) per share for the year, up from their previous forecast of ($0.05). The consensus estimate for Lithium Americas (Argentina)’s current full-year earnings is ($0.05) per share. Stifel Canada also issued estimates for Lithium Americas (Argentina)’s FY2027 earnings at $0.50 EPS.

Lithium Americas (Argentina) (NYSE:LAR) last posted its earnings results on Wednesday, May 14th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.03).

Several other equities research analysts also recently issued reports on the company. National Bankshares raised Lithium Americas (Argentina) from a “sector perform” rating to an “outperform” rating and raised their price target for the company from $2.90 to $4.50 in a research report on Tuesday. BMO Capital Markets raised their price target on Lithium Americas (Argentina) from $2.50 to $4.00 and gave the company a “market perform” rating in a research report on Tuesday. Scotiabank reaffirmed a “sector perform” rating and issued a $3.50 price target (up from $3.00) on shares of Lithium Americas (Argentina) in a research report on Wednesday. Finally, National Bank Financial raised Lithium Americas (Argentina) from a “hold” rating to a “strong-buy” rating in a research report on Monday.

Lithium Americas (Argentina) Stock Performance

Lithium Americas (Argentina) stock opened at $3.36 on Thursday. Lithium Americas has a one year low of $1.71 and a one year high of $3.96. The stock’s fifty day simple moving average is $2.49.

Institutional Investors Weigh In On Lithium Americas (Argentina)

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC acquired a new stake in Lithium Americas (Argentina) during the first quarter worth about $592,000. Robertson Stephens Wealth Management LLC acquired a new stake in Lithium Americas (Argentina) during the first quarter worth about $56,000. Cambridge Investment Research Advisors Inc. acquired a new stake in Lithium Americas (Argentina) during the first quarter worth about $41,000. Balboa Wealth Partners acquired a new stake in Lithium Americas (Argentina) during the first quarter worth about $90,000. Finally, Mutual Advisors LLC acquired a new stake in Lithium Americas (Argentina) during the first quarter worth about $103,000. 49.17% of the stock is owned by institutional investors and hedge funds.

About Lithium Americas (Argentina)

Lithium Argentina AG, a resource and materials company, focuses on advancing lithium projects in Argentina. The company owns interests in the Cauchari-Olaroz project located in Jujuy province; and the Pastos Grandes project located in Salta Province of Argentina. The company was formerly known as Lithium Americas (Argentina) Corp.